Strategic Financial Concepts LLC Makes New $333,000 Investment in USA Compression Partners LP (NYSE:USAC)

Strategic Financial Concepts LLC purchased a new stake in shares of USA Compression Partners LP (NYSE:USAC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,136 shares of the oil and gas company’s stock, valued at approximately $333,000.

A number of other institutional investors have also modified their holdings of USAC. Hodges Capital Management Inc. lifted its holdings in shares of USA Compression Partners by 7.5% during the 4th quarter. Hodges Capital Management Inc. now owns 26,121 shares of the oil and gas company’s stock valued at $615,000 after purchasing an additional 1,815 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in USA Compression Partners by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 77,002 shares of the oil and gas company’s stock valued at $1,831,000 after buying an additional 1,232 shares during the last quarter. Spring Capital Management LLC purchased a new stake in USA Compression Partners in the fourth quarter valued at about $283,000. World Investment Advisors LLC boosted its holdings in USA Compression Partners by 9.0% in the third quarter. World Investment Advisors LLC now owns 11,720 shares of the oil and gas company’s stock worth $269,000 after acquiring an additional 970 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its stake in shares of USA Compression Partners by 9.2% during the third quarter. Sanctuary Advisors LLC now owns 9,052 shares of the oil and gas company’s stock worth $215,000 after acquiring an additional 766 shares during the last quarter. 47.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Mizuho raised their price target on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, USA Compression Partners presently has an average rating of “Hold” and an average target price of $26.50.

USA Compression Partners Stock Down 4.5 %

Shares of NYSE USAC opened at $26.99 on Thursday. USA Compression Partners LP has a 52 week low of $21.06 and a 52 week high of $30.10. The business’s 50 day moving average price is $24.59 and its 200 day moving average price is $23.29. The firm has a market cap of $3.16 billion, a P/E ratio of 47.35 and a beta of 1.34.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings data on Tuesday, February 11th. The oil and gas company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06). USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%. As a group, research analysts expect that USA Compression Partners LP will post 0.8 earnings per share for the current year.

USA Compression Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 7.78%. The ex-dividend date of this dividend was Monday, January 27th. USA Compression Partners’s dividend payout ratio is currently 287.67%.

About USA Compression Partners

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.